Global Organic Soy Protein market has been estimated at USD 510 Million in 2018 and is projected to reach USD 1090 Million by 2023, at a CAGR of 16.5% during the forecast period from 2018 to 2023. Soy protein isolate is the dry protein powder ingredient that is extracted, or isolated, from the remaining hull and oil of the soybean. They are low in fat content, cholesterol free and contains a minimum of 90% protein and is completely gluten free. Organic Soy Protein is commonly used in protein and energy bars, breakfast cereals, various processed meats and meat alternatives for improvement in taste and texture, and also in a number of muscle gain supplements in the fitness industry.

The market for Organic Soy protein is mainly driven with increasing health awareness among the consumers, which is making them shift from dairy products which are rich in fat, to soy products, which are much healthier. Also, the price of Soy products is comparatively cheaper than the other alternatives, which is one of the main reason for the high demand for Soy Protein products in the recent times. But, the high cost involved in the raw material processing and high production cost can dampen the market growth.

The Global market for Organic Soy Protein is segmented by Type and by Application. By Type, the market is further segmented as Concentrates, Isolates, and Flour. By Application, the market is further segmented as functional foods, infant formula, dairy alternatives, meat alternatives, bakery & confectionery, and other applications. Soy protein concentrates accounted for the largest market share, by type, due to their wide usage as functional or nutritional ingredients in a wide variety of food products. Functional foods segment accounts a maximum share in the market by application, by application. Increase in functional food consumption by people is driving the demand, which is leading the soy functional foods to contribute maximum to the market. The dairy alternatives application of organic soy protein is expected to grow due to increasing demand for soymilk from lactose-intolerant consumers.

Geographically, Global market for Organic Soy Protein is segmented into North America, Asia Pacific, Latin America, Europe, and Africa & Middle-East. Europe leads the market contribution with over 33% market share, due to high demand for Soy Products in the European nations. This is followed by North America, which is also indulging in shift to Soy from Dairy products. Asia-Pacific region is showing the fastest growth, with Soy gaining a great popularity due to which the demand is increasing rapidly.

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